If omitted bitcoin?

[ije07]

What if anyone wants to eliminate the bitcoin
This question always arises in my mind
as we know that digital currency it could eradicate the economic problems of each person.
But what if no one from the Government or concerned with currency want to eliminate the bitcoin.
I need to friends who are here to give you a bit of advice for me regarding this myself ...

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1715605749

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[Kakmakr]

You cannot simply eliminate a technology that are decentralized. If Bitcoin was run on centralized servers, some government could have taken them down, but not Bitcoin. Bitcoin runs on 1000's of computers and cannot be taken down at the same time, these computers are spread globally.

The governments may implement strong laws or regulations, but people will still be able to use it globally. ^smile^

[erickkyut]

Actually many people are trying to put bitcoin down and make it to get ommitted but until now, no one is successful with it. They will keep on trying to put bitcoin down but I doubt they will become victorious especially now that iys value is constantly increasing! Many business will be created and it will be bitcoin related.

[Store]

You are the bitcoin.
If they can't stop you running bitcoin node at home, they can't stop the bitcoin.

[Amph]

You are the bitcoin.
If they can't stop you running bitcoin node at home, they can't stop the bitcoin.

destroying mining big farm will effectively put a serious dent on bitcoin,  and since you can not build a peta farm in few days, the network would be at 51% risk from random miners in the world

this is the only real thing that can make bitcoin unsecure for me, it's not that hard for terrorist to attack a farm for example if they want to, they just have no reason to do it currently

i don't know how much they invested in personal security but i doubt it's strong enough

[Wendigo]

Simply outlaw Bitcoin and declare anyone who is still using it an enemy of the state and threaten them with a lifelong stay in a cozy prison cell? I think this will be quite the persuasive argument   People would stop running nodes, the exchanges will cease to exist, peer-to-peer sites would be either monitored or shut down as well etc.

The easiest way to kill anything is to kill the infrastructure and everyone will stop using it sooner or later when it's no longer convenient.

[Juggy777]

Well I will wish them Goodluck with that, since Bitcoin is the not their normal currency which they can just ban or say not valid anymore. It's a technology, and it belongs to no one. They can't do anything to Bitcoin accept declare it use invalid but then again who really will care. Bitcoin transactions are anomouos and they will give you in the end trying to figure it out, as to how to make sure people stay away and if they were to do so it will create more awareness for Bitcoin so either way it's good for Bitcoin but trust me they got bigger problems in trump and Bitcoin is not a issue for them now.

[Mometaskers]

Unless they actually get rid of the mines and other related infrastructures, they'll find it hard to eliminate. Even in countries where mining is prohibited, like Venezuela, people are still able to use their bitcoins. It being decentralized is one of its biggest strength. A single government (well, maybe except China) will find it hard to shut off bitcoin on its own.

[ije07]

Well I will wish them Goodluck with that, since Bitcoin is the not their normal currency which they can just ban or say not valid anymore. It's a technology, and it belongs to no one. They can't do anything to Bitcoin accept declare it use invalid but then again who really will care. Bitcoin transactions are anomouos and they will give you in the end trying to figure it out, as to how to make sure people stay away and if they were to do so it will create more awareness for Bitcoin so either way it's good for Bitcoin but trust me they got bigger problems in trump and Bitcoin is not a issue for them now.

Thank you for your comment

how your actions if any Government wants to abolish the bitcoin? Maybe with politics, violence and others
What kind of response will do if it happens.

[bitbunnny]

I can't see the way how this could be possible. Bitcoin is not just cryptocurrency, it's whole new technology and you can't simply eliminate the whole technology. Bitcoin could be regulated, even banned but not erased although I'm sure there are some who would want excatly that.

[zahra4577]

What if anyone wants to eliminate the bitcoin
This question always arises in my mind
as we know that digital currency it could eradicate the economic problems of each person.
But what if no one from the Government or concerned with currency want to eliminate the bitcoin.
I need to friends who are here to give you a bit of advice for me regarding this myself ...

The power of bitcoin is its being a decentralized currency.It is due to its decentralized nature, bitcoin can not be destroyed by one single individual or entity.

[digaran]

Can we already do it please? because I'm tired of all the FUD and BS, seriously lets all kill bitcoin and focus more on 6000 altcoins. ugh! wait shutting them down would take forever .
So far few individuals or entities managed to interrupt the network.

[btvGainer]

Simply outlaw Bitcoin and declare anyone who is still using it an enemy of the state and threaten them with a lifelong stay in a cozy prison cell? I think this will be quite the persuasive argument   People would stop running nodes, the exchanges will cease to exist, peer-to-peer sites would be either monitored or shut down as well etc.

The easiest way to kill anything is to kill the infrastructure and everyone will stop using it sooner or later when it's no longer convenient.

There were no infrastructure when bitcoin was introduced. No exchanges,no big mining farm etc.
If infrastructure from one specific location is removed for whatever reasons, new infrastructure will come up at other place.

[mobnepal]

Eliminate bitcoin  I think you are talking about shutting down whole bitcoin network.

Bitcoin is decentralized that mean ledger is distributed among thousands of servers all over the world, so even if government shut down one server bitcoin network will remain as strong as it is before.

Nobody can shutdown bitcoin network.

[Snorek]

You cannot simply eliminate a technology that are decentralized. If Bitcoin was run on centralized servers, some government could have taken them down, but not Bitcoin. Bitcoin runs on 1000's of computers and cannot be taken down at the same time, these computers are spread globally.

The governments may implement strong laws or regulations, but people will still be able to use it globally. ^smile^

Trust me, if government really wanted to destroy bitcoin they would do it already. It may not be easy but it is doable.

1. If they would initiate a BTC ban and heavy smearing campaign, it would put off majority of people from using BTC.
2. They can't kill the network, but they can hinder it greatly. For example, gov can target ASICs manufacturers. Disrupt their business or try to force them to add a kill-switch to their products etc.

[Michel de Montaigne]

It is not possible for governments to remove bitcoin from the middle. Because bitcoin is not a central system. It is the same as the operating logic of the torrent system.
States can not remove torrent systems. States can not remove from the Bitcoin system.

[Taki]

I think the elimination of bitcoin is pretty possible in the case if bitcoin cost huge. Many countries just can block it in one moment due to concerns about the anonymity of committed transactions and possibility to hide big money amount in bitcoins skeeping paying taxes. Today everything about bitcoin and other crypto-currencies is opened for everyone, so I think we can use that chance to increase our wealths.

[YuginKadoya]

Are you kidding? to shut down the system of bitcoin is to shut down the internet connection there would need a lot of resources to do that or maybe a solar flare storm can actually shut it, but if a mere government can't do it maybe a catastrophe would that is the only thing I think could stop the bitcoin system!

[zahra4577]

You cannot simply eliminate a technology that are decentralized. If Bitcoin was run on centralized servers, some government could have taken them down, but not Bitcoin. Bitcoin runs on 1000's of computers and cannot be taken down at the same time, these computers are spread globally.

The governments may implement strong laws or regulations, but people will still be able to use it globally. ^smile^

Trust me, if government really wanted to destroy bitcoin they would do it already. It may not be easy but it is doable.

1. If they would initiate a BTC ban and heavy smearing campaign, it would put off majority of people from using BTC.
2. They can't kill the network, but they can hinder it greatly. For example, gov can target ASICs manufacturers. Disrupt their business or try to force them to add a kill-switch to their products etc.

Has government ever been able to check illicit drug business, money laundering, terrorism?.
In today's world of sophisticated technology, government can not control every action of its citizen.
Bitcoin will survive any ban albeit it will be used stealthily.

[Xester]

What if anyone wants to eliminate the bitcoin
This question always arises in my mind
as we know that digital currency it could eradicate the economic problems of each person.
But what if no one from the Government or concerned with currency want to eliminate the bitcoin.
I need to friends who are here to give you a bit of advice for me regarding this myself ...

It will depend on the situation. Actually there are many moves to make bitcoin go down but those efforts did not succeed. A good example were the predictions that bitcoin is dead, or bitcoin price will experience meltdown and will flow down to 10$ each. But those statement were proven false. Even if government bans bitcoin it will not stop bitcoin on its path except of course if all the country around the globe bans bitcoin and bitcoin usage is considered a criminal act.